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MGT: Wednesday Moon Launch Edition
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Last thread >>1248847

Pre-market trading opens at 7 AM EST. Market official opens at 9:30 AM.

Last trading price: 4.30

Live commentary by leading /biz/ day traders will begin at 9:30 AM in the chat.

T chat: vl92ns
>>
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>>1253572
dump that shit, it was revealed yesterday that his whole "WhatsApp security breach" with which he wanted to promote his new MGT cybersecurity company, was a hoax. He is pulling the same shit, he did with "I can hack the iPhone" only this time idiots actually believed it.

was a good pump, made my money, time to dump.
>>
>>1253576
Old news, mate.
>>
Do I buy now or wait for the morning dip?
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>>1253602
It's already 4.75 pre-market.
>>
WE'VE REACHED $5 ORBIT

I REPEAT

WE'VE REACHED $5 ORBIT
>>
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Holy shit. Be careful you guys. There are no dips today only "dumps". Look at yesterday. A lot of ppl got spooked because of that dump.
>>
>>1253632
Yeah, it pegged my sell at $5 a moment ago. I only lost the 500 share, but I hope it helps drive the hype
>>
>>1253602
Buy at open, if you'll think it will run. low volume will not get the best price
>>
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>>1253632

McAfee is retweeting things said about the stock.
>>
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Premarket at $5...

It's happening.
>>
>>1253576
McCrazy said he gave out phones with malware to show how far said malware could fuck your shit. he didn't want to just send that virus wherever and let people do damage. honestly think that's the best way you can prove your point without doing harm
>>
Where is everyone?

30 mins till launch.
>>
>>1253723
BookTrader standing by

nearly at my GOAL PRICE and it's pre-market. if only russel wasn't a faggot
>>
>>1253723
im here, just waiting for market open
I dont understand how pre-market trading works.
Are shares actually being traded? If so then how?
>>
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Morning lads

WE NON-PENNY STOCK NOW
>>
>>1253723
Everyone forgot their alarms because they're neet and have no discipline. That or banned for something stupid
>>
I can't put in a sell order bigger than my position - good sign, there doesn't seem to be shorting available
>>
>>1253728

Just trading before/after the regular trading hours. You can ask your broker if you'd like to get involved, but there's less liquidity and prices fluctuate more.

But all-in-all if you're involved or not, pre-market prices offer you a better idea of the markets.

MGT's current pre-market is $5.27.

The opening is going to be a bloodbath.
>>
Time to drive to work and by the time I get to the office it's probably gapped up or down by like $.50 from premarket
>>
>>1253736
Buy the fuck out of the dip
>>
>>1253736
so is the opening going to skyrocket?
>>
>>1253740
it's full goaste nao!
>>
Predictions on today? Dip at 10am then rocket to 6?
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>>1253742

That's what it looks like.
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>>1253745
wew if we can break that 5.26 it's off and running.

thanks for posting these btw (assuming it was you in the last thread giving info)
>>
>>1253744

Rocket till 10, dip til 10:30, rocket till noon, dip from there.

Will close neg.
>>
NOTES TO CONSIDER:

1. Fed meeting minutes will be released today. this typically means the markets are down, then nothing special's in them, so the market's happy and then it runs up after the release. release is at 2PM EDT
2. MGT has been for the last 3 days running up to it's daily peak in the late morning, usually drops off around 11-12, then lingers there until before close

don't know how these factors will play out today.
>>
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>>1253748

Ya well it just broke it...

NP, I've been posting about Scottrade is all.
>>
>>1253748
>>1253749
>>1253752

AM I TOO LATE? did i miss the rocket ship??
>>
>>1253754
No get in while the gettins gud
>>
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Lift off to $10 in t minus 11 minutes.

There are no brakes to this train. It's not even a train. It's a Falcon X rocket with the force to reach Mars.
>>
>>1253754
probably. just don't play anything you're too afraid to lose
>>
>>1253753
it's hitting a 5.40 resistance this pre-market. doesn't mean shit though, the book for the regular hours isn't ready yet
>>
>>1253758
i can afford to lose it but i'm still afraid. i don't want to be a loser.
i want to be a winner like all of you guys.
>>
>>1253759

Ye, it doesn't mean shit. Just gives you an idea of what others are thinking of the stock is all.
>>
>>1253757

6 more minutes...

The rocket is getting ready...

https://www.youtube.com/watch?v=3WS_alU8X2Q
>>
>>1253760
let me make it easy on you - i'm a loser. i've been betting on TNA for this year, still keeps missing my targets. thought the market was gonna shit itself monday, lost $2.5k in futures, then it shits itself on tuesday. i lose alot

i just get systems, LET WINNERS RUN, and it works out. this could be my trade-of-the-year if it hits $6
>>
t. poor college student here who went into the savings before market close yesterday. Just woke up to a massive erection.
>>
>>1253763
it won't mean shit to my market order. i think that in five minutes i'm going to start losing money. help me stay strong and have an honorable death, brothers.
>>
IM SCARED

IS IT GONNA DUMP RIGHT AWAY??

WHAT A TIME
>>
>>1253768

Stay strong with me as well brother.

I'm balls deep.
>>
>>1253772

2 more minutes...

IM FUCKIN' FREAKING!
>>
2 MINUTES LEFT

PUT ON YOUR SEATBELT, WE'RE IN FOR A WILD RIDE
>>
>>1253775
>>1253776
i'm so cold
>>
I'll watch over it and pity myself since I can't hop on the launch :(
>>
>>1253778

I sold at 5.15.

I'm out and done. Been a good ride gois.

I personally recommend staying the fck out.
>>
dat morning dip like clockwork
>>
Got 600 shares at 4.07, felt like a retarded move but I'm feeling pretty good right now
>>
>>1253784
>5.58
>dip
>>
Fuck

Got scared and sold it all at $5

Gonna buy in again at the dip
>>
>>1253786
he means the open down to like 5.00 then up to 5.40
>>
>>1253785

Nice catch on the low m9.
>>
Get on tinychat bros
>>
>>1253786
Dipped below 5 right at open but only for a quick moment.

Been in since .87 so I can't see buying anymore shares until big news but I am loving the fuck out of this ride.
>>
>>1253790
got down to 4.87
>>1253792
don't have it. i'm at work. i'll fill in any special price action i think i see here
>>
>>1253792
also at work so no point in tinychat for me
>>
why was my limit sell rejected?
>>
>>1253806
are you trying to short? do you have the shares?
>>
I just made an account with etrade yesterday, and its still showing this stock at 4.15, what online brokers do you guys use?
>>
bid/ask size growing. expect happenings
>>
>>1253809
i have the shares to sell... maybe i mistyped somethiing
>>
seems to be hovering around 5.30
>>
high sell orders at 5.50, decent ones at 5.55 and 5.6
>>
>only have 35 shares bought at 4.04
>had 100 when they were at 1.41 and sold at 2.00
>>
>>1253817
sometimes you have to put a trigger price, and then the minimum price you want. so if you wanted to sell when the stock hits 5.5, but were willing to take 5.40, you would set 5.5 as the trigger and 5.40 as the price. the system will try to fill it at 5.5, but it might not get just that
>>
>>1253821
Dip incoming
>>
>>1253814
what should i set my stop at??
>>
5.50 RESISTANCE IS FADING
>>
>>1253827
I can't tell you that. i've tried using stops to get alittle extra on this but it isn't working. when you're ready to leave, just sell out
>>
>>1253830
no safety net!!
>>
anyone think this will push past 6 today?
>>
>>1253834
i'm hoping for $10 but my guess is it will be around tree fitty by lunch
>>
>>1253828

everytime i stop browsing biz for a week or so i miss the best meme stocks. but fuck it i threw in 500$ looks like ill be staring at my phone all day
>>
>>1253833
FINAL DESTINATION
>>
>>1253838
Seems like everytime it gets close to 4.45 it gets dumped down to 4.20ish
>>
Heavy buy orders at 5.20
hopefully that's the support
>>
is this the 10:00 dip?
>>
BUY BUY BUY HOLD HOLD HOLD
>>
bid 18400
ask 300
>>
>>1253853
which book you looking at? got 3,800/6,000
>>1253852
i'm thinking that everyone's waiting for th 2PM minutes. great pre-market, but might be s comparatively slow day
>>
tumbling down... someone with photoshop tell me what's happening!
>>
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>>1253859
it's time
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>>1253858
this. days with fedspeak are lackluster while everyone sits around waiting for 2pm.

nice volume for a day like today still
>>
Kind of glad I sold everything and made $300

Not much but it looks like the company has peaked, for now.
>>
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>on the MGTrain
>russel 2000 runnin'
Dancin' days are here again...
>>
>>1253866
c'mon... this is basically an IPO. $10 isn't outrageous for a new mcafee company.
>>
WTF
>we are experiencing technical difficulties, please try again later
>>
Just Read on Seeking Alpha that we've caught, the Street Sweepers eye. hahaha, they can't short.
>>
Been day trading this with 5k since yedterday. Up 20% buying dips selling peaks.. Can this end badly for me?
>>
CLIMB YOU SLUT
>>
>>1253873
volume's going DOWN, DOWn, DOwn.

guess we'll have to wait until 1400 to ride
>>
>>1253871
>unwary stockholders are buying into tweeted comments that we believe are material - and deserving of Securities and Exchange Commission attention.
>>
>>1253859
a nice doji is forming on the daily. I'd be scared.

We've got POCs forming at 4.69
3.92 1.86 & 1.32
>>
5min volumes down below 1M.

time to take lunch/nap
>>
>>1253879
what does that mean
>>
>>1253878
Did he say anything the SEC would care about?

>>1253884
doji's often mark revesal of trend.
>>
Any other good stocks today to buy dips/sell peaks on? Where does one find the best traded penny stocks of the day? Or not even penny stocks but stocks in the $0-$5 range
>>
Shit, my 5.50 sell order didn't go through. Fuck it, I'm riding this bitch til 6
>>
>>1253901
Goodluck. I sold at 5.2 will jump back in if i see it going up
>>
here's the dip
>>
OH FUCK
>>
Buy in right now.
>>
>tfw got off rocket at right time
>>
did a whale just dump or something?
>>
prime buying opportunity. probably last chance to get in below 5.
>>
>>1253912
markets as a whole dropped a bit
>>
>>1253900
This^

Where did y'all find these stocks? Where do you look for these stocks that are on the up and up?

Also anything on DDAY? Is that the next rocket? I keep seeing it in the threads.
>>
Support murdered, time to buy

We will see a return to 5.20-5.40 buy EOD
>>
Its a smaller dump compared to yesterday. Just like clockwork. Great time to buy.
>>
I have 50 shares in at 4.68

Not sure if buy more now...
>>
>>1253900
>>1253916
I don't know if you guys have heard of this thing called "Google", but it's pretty awesome. It has information about almost everything indexed and at your fingertip. Even older than Google is this thing called "Word of mouth." This one happens on this very board.
>>
>>1253900
>>1253916

Scan biz and any other forums that appeal to you like a hawk. Tons of good tips are thrown out here about tickers, but be very cautious because not everyone is smart when suggesting when to buy in.
>>
>saw first thread Thursday
>applied for Robin Hood
>micro deposits to verify came in Monday
>won't let me verify
>I was going to drop 1k when it was ~1.37
>still not letting me verify

JUST
>>
God damnit it triggered my stop. Turned to market and sold at the fucking low.......... Fell of the train y'all, and now I must wait..... Fear I may have lost any gains for the day, and may have missed the train.

I might be the only tard to have lost money on this. Eew...m this makes me feel disgusting
>>
>>1253936

Why didn't you get your broker figured out before an opportunity came?
>>
Sellers barely at 2M during the dip. Just a small group who's stop hunters got lucky.

>>1253936
This>>1253939
Luck is often at the intersection of preparation and opportunity.
>>
>>1253937
Wonder if buying this dip is a good call.. Thoughts? feel like with this one when you see it blasting off just hit "buy" and it profits.
>>
Got 600 more at 4.90, ride or die
>>
Looks like this show might be over.
>>
>>1253946
Do you think that was the dip and now its going up?
>>
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>>1253572

Pardon me, but what the fuck is actually driving the price of this stock?

Is it actual corporate performance or just hype? Because if it's the latter, she gonna burn.
>>
>>1253933
Google what. Hot stocks to buy.
Really, seriously, not being sarcastic here.
>>
Just dipped again
>>
Another dip senpai.
>>
>>1253953
hype, but deserved
>>
S&P500 and other markets are falling. if you're calm, consider buying more
>>
lmao sold @5.30 love it buy the dip
>>
I hope you fucks are smart enough to buy like crazy right now
>>
>>1253954
DO YOUR OWN RESEARCH. There it is nice and simple. Start here.


http://www.finviz.com/
>>
>>1253953
Reverse IPO

Anything under 5 is a steal and under 10 is a deal

MGT just bought 5% stake in ADDY. They're starting to make moves and big announcements will be made soon
>>
FUUUUUUCK
>>
that's the dip
>>
oh first poc broken 1std dev at 3.12 whose buying the huge dip
>>
>>1253975
lol fug i dip bought too early.
>>
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TRADING HALTED

WE MIGHT BE FUCKED
>>
>>1253954

There is a lot more too it than that if you aren't being a dumbass. Get some day trading for dummies books. You can ride earnings reports, announcements, splits, mergers, buy-outs. All kinds of crap.

The main principle of economics is that stocks meet the equilibrium at what they are actually worth, when everyone has the same info they will all value the stock at close to what it is worth. When there is unbalanced information about a company which some people know and others don't that is when profit comes in, because I can evaluate that a stock is above or below what it should be valued at.

Then there is mindless speculation and P&D scamming which is what is going on here.

Get a book about how to assess value in companies and make your own evaluations? Learn finance and do your own research?
Speculate at random like what we are doing?
>>
That drop holy shit. Anyone else on sudoku watch?
>>
>>1253987
yeah what does that mean?
>>
>>1253987
wtf is going on?
>>
>tfw cashed out at 5.30
>>
>>1253987
Volume shot from 30mil to 40 mil in that dip
>>
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FUUCKKKKKKKK
>>
HELP
>>
>>1253991
>>1253990

volatility halt. don't shit your pants
>>
>>1254001
Why do they halt it?
>>
>>1253987
it broke 2 std devs on the minute.
>>1253990
>>1253991

Stock exchanges freeze stocks if they move too fast.

This is good for the hype machine and the coming dip is gonna be great.
>>
>>1253999
85 shares at avg 4.7

Oh well this is play money to me anyway.
>>
>>1254005
So its going to dip more?
>>
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>>1253993
>>
>>1254001
too late, im 24 ounces deep in some black coffee, its leaking as we speak
>>
resumed
>>
>>1253993

>tfw cashed out at 5.15

Welp just paid my rent for 3 months.
>>
>>1253971
>>1253971
See there you go. Site didn't even show up when I googled "hot stocks to buy."

Thank you anon
>>
i think im going to be sick
>>
BACK EVEN LOWER

WE MIGHT BE DONE
>>
>>1253987
How long does a halt last for?
>>
For those who are flipping out, halts are not that big of a deal dudes.
>>1254004
>>1254000
>>1253991
>>1253990
>>1253987

https://www.sec.gov/answers/tradinghalt.htm
>>
>>1253946
KEKED
>>
>>1254023
short sell hold, going even lower. we might be done
>>
I really hope this at least pushes past 5.50 again so I can cash out even
>>
Can you hear that? Sounds like souls being crushed. I'm sorry guys.
>>
we're testing the 1 std dev line and secondary POC We'll see.
>>
> watch the asks grow in volume

Oh lawd, so much panic
>>
I CANT GET RID OF IT
>>
>>1254029
This

Hope y'all cashed out around $4.50-5.15
>>
>>1254010
we're gonna need napkins for this one.
>>
>>1254029

FCKFCKFCK
'
3.02 I can hear the screams around the world right now.
>>
>>1254031
>>1254032
such weak hands
>>
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This is just a dip, r-right. TELL ME IT'S JUST A DIP.
>>
>>1254039

No lad, that's no dip.

That's a fckin dump.
>>
Holy shit. Haha. Im out. Could have sold for $1,450 profit. Left out with $460.

Good luck my friends.
>>
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Can we Apollo 13 this?
>>
well Im out with a 250 dollar loss, Oh well
>>
well, i just lost a lot of money
>>
just broke yesterdays supports the first real dip.
>>
Well I'm only out $60 or so. Lol, that was close. But I will say, re enforced that if you aren't in on the first round stay out of it. How did everyone who got in early hear about this?
>>
It is probably just freakout related to the announced trading halt. Once it becomes unhalted people are going to buy up the stock at this low of a price, it's the perfect price for actual non-day traders to enter a position on it. I'll bet it shoots right back up to at least 4.20.
>>
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HOLD
>>
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"just a dip"
>>
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BUY BUY BUY BUY BUY BUY.
FUCKING JOHN JUST ANNOUNCED HE'S GAY.
>>
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>>1253576
hope you were listening to me boys, the stock was halted for today. when the halt is off, it is done.

I have to say, such epic pump/n/dumps are really rare. nice to have witnessed and rode this one.
>>
Stop loss actually saved my ass for once. Out at $4 for a modest $10000 gain. Might buy back in if it goes hard into the 2s.
>>
wew what a ride. my last buy was around 2.9 so thankfully it seems to have found a floor above that.

As for people who bought in at the top today and just sold, stop with your weak handed bullshit.
>>
> People actually sold during that dip

Prepare for the upswing niglets
>>
if we break 2.64 we'll be in value area pretty soon.
>>
I sold at $4.23 yesterday and thought I had fucked up hard. So glad I did now even though I could have made more money at the open. Anyways, thanks for the $1300 on my first trade ever /biz/.
>>
7m+ orders the last 5minutes. we'll be lucky to end up at 4$ today, instead of 2$
>>
Of course, I'm the retard that loses money on this. But I'm staying in long hopefully it will come back.
>>
>>1254065
>the stock was halted for today

It's been halted twice today due to volatility. The halts are now done and it's on its way back up. Stop spewing shit.
>>
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>>1254069

we coming back
>>
HALTED AGAIN

i hope it makes it to 2PM. then we might be safe
>>
>draftday
>mgtplay.com
>two shitty useless patents

lol

i'm a newb and even I know this is a useless pump and dump built on hype. fking retards
>>
>>1254056
saw a card on robinhood about mcafee becoming ceo of mgt. that's all it took.
>>
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>>1254089

It's almost like the SEC is actually against Pump and Dump scams. Who knew?
>>
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>>1254084
>The halts are now done and it's on its way back up. Stop spewing shit.

this is how suicide watch looks like boys. sell your fucking shit and get out. the stock has an intrinsic value of 0,14 cents. no amount of hype and McAfee being whatever you faggots believe him to be (he hadn't done shit in the computer security sector for the last 15 years ffs) can sustain the current Mkt.Cap.

I am giving you a well meant advice, so you don't lose all of your money.

GET THE FUCK OUT !!!
>>
>>1254101
i can't! i'm in at 5.42 and can't bear to realize a loss. i'm gonna wait and see what happens. hopefully i can break even so i'll be able to make rent this month.
>>
>>1254101
> you don't lose all of your money.

my average cost is well below 1.2. and it's like 5k shares. Not my life savings or anything like you weak-handed neets.

Latest halt lifted and prices look stable/rising.
>>
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAAHHAAHAHAHHAHAHAHAHAHAHAAHAHHAHAHAH
>>
>>1254101
lost 150$ now i have to eat ramen for the next 3 weeks and recycle cans to pay my phone bill

just kidding but still sucks. no more meme stocks for me
>>
>>1254101
Its barely above a one std deviation move on the 5 min. Hardly suicide watch
>>
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AHAHAHA DOWN 17%

I TRIED TO WARN YOU FAGGOTS IT WAS GOING TO CRASH. PUMP AND DUMP.
>>
scottradebro, what are the bids looking like at 3.5?
>>
>>1254110
i'm back in at 3.38! had enough left in my RH account to buy one share!!!! gonna make it all back, bros!
>>
>>1254111
Someone's mad they missed the train.
>>
Its going to hit 10. watch.
>>
Jumping back at 3.55, meeting a bit of resistance from neets trying to get out of the market. JUST HOLD FUCKING STEADY YOU WEAK HANDED SHITS, let it recover a bit and recover with the flows of volume instead of dumping like fools.
>>
>>1254116
At least he's not broke
>>
>>1253954
>bought 260 shares at 3.7
>sold this morning at 5.0

Feels not so bad mang

sorry about you guise. Especially that anon who bought 1000 shares EOD yesterday
>>
Don't worry $5 is the Grand Line, McAffee only breathed on the stock, imagine when he actually does work.
>>
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>>1254106
>Latest halt lifted and prices look stable/rising.

look it up http://www.investopedia.com/terms/d/deadcatbounce.asp
>>
>>1254122
>broke

I will admit I'm down right now, but I have 0.5% of my assets in this, laddy.
>>
back above 3.5. panic's over boys
>>
>>1254126
>Especially that anon who bought 1000 shares EOD yesterday
he could have grabbed an easy $500 profit it on it if he took his chance.
>>
god im such a pussy
>>
>>1254136
meow it's time for gainz
>>
>>1254134
See you at $10
>>
>>1254134
Dead cats are longer term trends idiot
>>
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>>1254143
>See you at $10
>$0,10
ftfy
>>
>>1254136
Please be careful!

Shorters are done, but other night flee . Wait for the Fed bump at 2
>>
sold at $5.48, bought back almost double at $2.90

why aren't you riding the dips/peaks instead of dreaming about the big figure?
>>
>>1254142
nice incremental steps back up. no insane swings. daddy like
>>
>>1254149
Not that swift senpai
>>
>>1254148
they can't short, they are sellers however.
>>
>>1254148
Haven't made a purchase since monday morning. careful and calm is the name of the game :)
>>
>>1254149
Because robinhood makes me wait 3 days, miho.
>>
>>1254145
>using , as .

obvious yuropoor. opinion disregarded.
>>
>>1254158
No $ till Friday for me.
>>
3.90

>neets who freaked out and sold around 3$ on suicide watch.

I seriously hope you guys were joking about selling in the middle of the damn dip. Literally garbage-tier investing.
>>
>>1254149

Because I can't see the future and I'm not autistic enough to do advanced analysis.

How did you come upon $5.48 and $2.90 as your liquidation and purchase points?
>>
>>1254162
>investing
heheh... good one, george.
>>
Big dip just happened you guys may want to buy back in.
>>
Headed back above 4 easy pz

sorry to the panic sellers. may your degenerate gambling serve you well elsewhere.
>>
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lol I literally doubled up on the dip after selling at ~5.
Fuck the moon. We're going to mars.
>>
>>1254162
>acting cool after you probably shit yourself too

Tell us more Mr cristal ball
>>
Back in again.
>>
Look at the daily's we didn't even get half way into 2 Days ago.

We're still hyper bolic.

Look at bigger time frame charts panic sellers.
>>
>>1253936
FUCK
>>
Time to buy some morewhen it goes under 3$!
TO THE MOON
...
BELIZE IS FINE TOO I GUESS
>>
>2011+5
>not using an actual bank to handle your trades
ISHYGDDT
>>
>>1254164
wild luck to be honest, but there has been enough swings over the last few days to make buying dips a good idea.
i was seeing $5.50 as resistance so decided to sell when it got near.if it fell to below $3, i'd buy back in.
i'm selling half at $4.50, will continue to ride the rest
plan to be out totally by thursday EOD
>>
Is 3.8 a good re entry??
>>
>>1254194

Anything under $10 is a fantastic entry :)
>>
>>1254194
It won't go past 4 dollars

The hype is gone. Its going downhill from now on.
>>
Look /biz/ be honest with me that none of you have any idea what you are doing. You need to understand your money is the reason this is going up and that is it. This stock is going to go back down to $1 probably on Monday

Stop falling for the fucking pumps assholes
>>
>>1254135
Whoah, a big guy.
>>
>>1254201

>implying we fall for pumps
>not riding them and helping build them.
>>
http://www.1stock1.com/1stock1_858.htm

This is his last company
Anything under $100 is probably a good entry
>>
>>1254201
i think you're correct, there is only a couple of days left.
>>
BUY THE DIP
U
Y

T
H
E

D
I
P
>>
>>1254235
ahh little boy bought at 5 dollars and panicking?

Just sell and take your loss.
>>
Tfw made $550 today and backed out
>>
>>1253975

Thanks for the insight.

Where do you get your information from?

Is this a long-term hold deal or will the company fizzle down to zero?
>>
>>1254270
It won't fizzle, McAfee is behind this 100%
>>
This seems like its found its medium at $3.7.

Whats the plan goys
>>
i just lost my college savings, /biz/.

Where/how should I kill myself, dubs decides
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